MARKETWATCH FRONT PAGE
U.S. stock sharply higher higher, extending the prior session’s solid gains, with bank shares in particular bolstered by word of Citigroup’s 11th-hour rescue by the government. See full story.
Citigroup soars as U.S. agrees to sweeping rescue package
Citigroup shares rocket higher after federal officials back a $326 billion rescue in a plan aimed at averting chaos in the financial system. See full story.
Financial Stocks: Uncle Sam's Citi lifeline sparks rally
Citigroup shares jump more than 60%, rallying after the banking giant rescue agreement reached late Sunday with federal officials, as investors bid financial-sector shares broadly higher. See full story.
Obama to unveil economic team Monday
President-elect Barack Obama will unveil key members of his economic-policy team on Monday, making the high-profile announcements on the heels of the extension of a government lifeline to financial titan Citigroup. See full story.
King to buy Alpharma for $1.6 billion
King Pharmaceuticals Inc. on Monday said Alpharma Inc. has accepted its revised offer to be acquired in an all-cash deal valued at $1.6 billion. See full story.
MARKETWATCH COMMENTARY
David Callaway: Dancing with the Big Three, and other reality TV nightmares
The U.S. markets have entered a dangerous new phase, triggered by plunging financials, lack of economic hope, and relentless broadcasting of wealthy auto executives begging for taxpayer money like so many Olivers at the orphanage. See full story.
MARKETWATCH PERSONAL FINANCE
Jonathan Burton's Life Savings: How to invest well and sleep better, in good markets or bad
In this devastated market, “risk tolerance” is an oxymoron. Those little tests the online investing sites give you to assess how much risk you can handle in your investments don’t do justice to the kind of crash we’re living through.
